News and Updates

Rate Blast - LI-Nov25

November 2025 SBA 504 Interest Rates

25 Year Term 5.86% 20 Year Term 5.92% 10 Year Term 5.65% The November 2025...
Rate Blast - LI

October 2025 SBA 504 Interest Rates

25 Year Term 5.92% 20 Year Term 5.98% 10 Year Term 5.59% The October 2025...
IMEC graphic

Investing in the Makers: Financing, Workforce, and Innovation for Illinois Manufacturing

October is Manufacturing Month, a time to honor the people, innovation, and impact behind one...
Program Change Graphic

SBA 504 Loan Fees Waived for Manufacturers

Effective October 1, 2025, the U.S. Small Business Administration (SBA) instituted fee waivers for manufacturers...
Rate Blast - LI

September 2025 SBA 504 Interest Rates

25 Year Term 6.00% 20 Year Term 6.02% 10 Year Term 5.77% The September 2025...
dailyherald

Daily Herald: Own a business? Own your building with the SBA 504 loan

If you own a business, owning your building offers financial and operational benefits. The SBA...
aug25 Rate

August 2025 SBA 504 Interest Rates

25 Year Term 6.23% 20 Year Term 6.25% 10 Year Term 6.17% The August 2025...
dailyherald-mike

Daily Herald: Financing for Franchises with the SBA 504 Program

A franchise location, while tied to a national or regional brand, is still a small...
july25 Rate

July 2025 SBA 504 Interest Rates

25 Year Term 6.37% 20 Year Term 6.39% 10 Year Term 6.17% The July 2025...
noffinalists

Mayor Johnson Announces Neighborhood Opportunity Fund Finalists

Mayor Brandon Johnson announced fifteen small businesses as the next round of Neighborhood Opportunity Fund...

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